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CX Daily: Chip Foundries Kick Off State-Backed Consolidation Drive

Published: Oct. 30, 2025 7:35 a.m. GMT+8

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Semiconductors /

In Depth: Chip Foundries Kick Off State-Backed Consolidation Drive

China’s two biggest chip foundry companies — Hua Hong Semiconductor Ltd. and Semiconductor Manufacturing International Corp. (SMIC) — have kicked off the mainland’s most ambitious semiconductor consolidation in years, as Beijing leans on mergers to strengthen national champions and streamline a fragmented supply chain.

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